812 Businesses sold in 2017 vs 847 in 2016, however overall market is strong
Good news for Business Owners considering selling their businesses. Although the number of total business sales in Riverside County dipped marginally to 812 versus 847 businesses sold in 2016, overall, sellers are still in the driver seat.
Qualified business buyers outnumber quality businesses to purchase. Our biggest issue is finding established businesses with good records. When we get a quality listing, we can expect multiple offers.
The graph below summarizes the total number of businesses sold in Riverside County by year since 2010. This information was taken from the BizBen Business Sales Report.
| Year | Business Sales |
| 2010 | 452 |
| 2011 | 681 |
| 2012 | 672 |
| 2013 | 708 |
| 2014 | 683 |
| 2015 | 634 |
| 2016 | 847 |
| 2017 | 812 |
*data taken from Bizben.com
If you are thinking about selling your business, now may be the best time! Give me a call to schedule a confidential meeting and business valuation.